Nan Nan Resources Enterprise (HKSE:01229) Days Payable: 68.05 (As of Mar. 2026) — 12% Below Median

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HKSE:01229 Nan Nan Resources Enterprise Ltd HKSE:01229
49 GF Score
Price HK$0.17
GF Value HK$0.30
Valuation Possible Value Trap
! 4 Warning Signs
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What is Nan Nan Resources Enterprise Days Payable?

Nan Nan Resources Enterprise HKSE:01229 +4.85% 49 Days Payable is 68.05 as of Mar. 2026, which is 12% below its 10-year median of 77.39. GuruFocus rates HKSE:01229 with a GF Score™ of 49/100 and a GF Value™ of HK$0.30 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 128 Other Energy Sources companies, Nan Nan Resources Enterprise ranks better than 53.12% on this metric.

Nan Nan Resources Enterprise's average Accounts Payable for the six months ended in Mar. 2026 was HK$45.9 Mil. Nan Nan Resources Enterprise's Cost of Goods Sold for the six months ended in Mar. 2026 was HK$123.1 Mil. Hence, Nan Nan Resources Enterprise's Days Payable for the six months ended in Mar. 2026 was 68.05.

The historical rank and industry rank for Nan Nan Resources Enterprise's Days Payable or its related term are showing as below:

HKSE:01229' s Days Payable Range Over the Past 10 Years
Min: 39.34   Med: 77.39   Max: 251.16
Current: 70.5

During the past 13 years, Nan Nan Resources Enterprise's highest Days Payable was 251.16. The lowest was 39.34. And the median was 77.39.

HKSE:01229's Days Payable is ranked better than
53.12% of 128 companies
in the Other Energy Sources industry
Industry Median: 64.945 vs HKSE:01229: 70.50

Nan Nan Resources Enterprise's Days Payable declined from Mar. 2025 (97.06) to Mar. 2026 (68.05). It may suggest that Nan Nan Resources Enterprise accelerated paying its suppliers.


Nan Nan Resources Enterprise Days Payable Historical Data

* Premium members only.

The historical data trend for Nan Nan Resources Enterprise's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Nan Nan Resources Enterprise Days Payable Chart

Nan Nan Resources Enterprise Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 77.81 57.61 88.03 71.48 76.97

Nan Nan Resources Enterprise Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 108.04 76.80 97.06 66.44 68.05

Nan Nan Resources Enterprise Days Payable Competitor Comparison

For the Thermal Coal subindustry, Nan Nan Resources Enterprise's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Nan Nan Resources Enterprise Days Payable vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Nan Nan Resources Enterprise's Days Payable distribution charts can be found below:

* The bar in red indicates where Nan Nan Resources Enterprise's Days Payable falls into.


HKSE:01229
49GF Score
Nan Nan Resources Enterprise Ltd HKSE:01229
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Nan Nan Resources Enterprise Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Nan Nan Resources Enterprise's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as

Days Payable (A: Mar. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2025 ) + Accounts Payable (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (48.121 + 53.701) / 2 ) / 241.424*365
=50.911 / 241.424*365
=76.97

Nan Nan Resources Enterprise's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (38.063 + 53.701) / 2 ) / 123.054*365 / 2
=45.882 / 123.054*365 / 2
=68.05

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 68.05 mean?
Nan Nan Resources Enterprise (HKSE:01229) has a Days Payable of 68.05 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Nan Nan Resources Enterprise and its competitors. This is 12% below median its historical median of 77.39. Over the past decade, Nan Nan Resources Enterprise's Days Payable has ranged from 39.34 to 251.16. According to the industry distribution chart, Nan Nan Resources Enterprise ranks #60 out of 128 companies in the Other Energy Sources industry, placing it in the top 46.9%.
Is Nan Nan Resources Enterprise's Days Payable too high?
Nan Nan Resources Enterprise's current Days Payable of 68.05 is 12% below median its 10-year median of 77.39. Over the past 10 years, this metric has ranged from a low of 39.34 to a high of 251.16. The Other Energy Sources industry median Days Payable is 64.95. Nan Nan Resources Enterprise's value of 68.05 is 4.8% above this industry median. Based on the distribution chart, Nan Nan Resources Enterprise ranks #60 out of 128 companies in the Other Energy Sources industry, which is above the industry midpoint. Overall, Nan Nan Resources Enterprise has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Nan Nan Resources Enterprise's Days Payable compare to competitors?
According to the Other Energy Sources industry distribution chart, Nan Nan Resources Enterprise ranks #60 out of 128 companies for Days Payable. This puts Nan Nan Resources Enterprise in the upper half of its industry. The industry median Days Payable is 64.95. Nan Nan Resources Enterprise's value of 68.05 is 4.8% above this benchmark. Historically, Nan Nan Resources Enterprise's own Days Payable has ranged from 39.34 to 251.16 over the past decade. While the company's 10-year median is 77.39 vs. the industry median of 64.95, Nan Nan Resources Enterprise has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for an Other Energy Sources company?
The median Days Payable among Other Energy Sources companies is 64.95, based on 128 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nan Nan Resources Enterprise's current Days Payable of 68.05 is 4.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Nan Nan Resources Enterprise and its competitors. For the Other Energy Sources industry, the median Days Payable is 64.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nan Nan Resources Enterprise's current Days Payable is 68.05, which is 12% below median its own 10-year median of 77.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nan Nan Resources Enterprise stock overvalued right now?
Based on GuruFocus' analysis, Nan Nan Resources Enterprise (HKSE:01229) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.30, compared to a current price of HK$0.17 — trading 42.3% below its estimated fair value. The current Days Payable is 68.05, which is 12% below median its 10-year median of 77.39 and 4.8% above the Other Energy Sources industry median of 64.95. Nan Nan Resources Enterprise's overall GF Score™ is 49/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Nan Nan Resources Enterprise (HKSE:01229), the current Days Payable is 68.05 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Nan Nan Resources Enterprise (HKSE:01229) Overvalued in 2026?

Based on GuruFocus' analysis, Nan Nan Resources Enterprise stock appears to be undervalued. The current stock price of HK$0.17 is trading 42.3% below its estimated GF Value™ of HK$0.30. GuruFocus considers Nan Nan Resources Enterprise to be Possible Value Trap.

Key valuation signals for HKSE:01229:

  • Days Payable: 68.05 (12% below median its 10-year median of 77.39)
  • GF Value™: HK$0.30 vs. price of HK$0.17 (42.3% below fair value)
  • GF Score™: 49/100 with 4 warning signs
  • Industry Position: 4.8% above the Other Energy Sources median (#60 of 128)

No single metric tells the full story. See the HKSE:01229 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nan Nan Resources Enterprise Business Description

Address 18 Harcourt Road, Admiralty Centre, 11th Floor, Tower 2, Admiralty, Hong Kong, HKG
Nan Nan Resources Enterprise Ltd is an investment holding company. Along with subsidiary company engaged in the business segment of Coal mining business segment, which provides mining and sales of coal in Xinjiang, Mainland China; the Renewable energy business segment: service income from renewable energy solutions in Malaysia; and IT Services business segment: provision of IT Services in Hong Kong, Singapore, Malaysia, and the UK. It generates maximum revenue from the Coal mining business segment. The geographic operation is located in Mainland China, Hong Kong, Malaysia, Singapore, and the UK.
49GF Score

Get the complete analysis for HKSE:01229

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$0.17
Price
HK$0.30
GF Value